2021-05-10T08:42:27-05:00 2020-06-30 KPMG LLP 515 BROADWAY 4TH FLOOR ALBANY NY 12207 990 2019-07-01 030220266 CHAMPLAIN COLLEGE INCORPORATED % SHELLEY NAVARI CHAM 8028602700 163 SOUTH WILLARD STREET BURLINGTON VT 05401 SHELLEY NAVARI TREASURER 8028602700 2021-05-04 true STEPHANIE LONCZAK P01880207 5184274600 2021-05-04 2019 2022-09-23 18:48:47Z SHELLEY L NAVARI 163 SOUTH WILLARD STREET BURLINGTON VT 05401 147047557 false X WWW.CHAMPLAIN.EDU X 1878 VT CHAMPLAIN COLLEGE EDUCATES ADAPTABLE THINKERS, DARING CHANGE-MAKERS, AND INCLUSIVE INNOVATORS WHO SHAPE PROFESSIONS AND INSPIRE COMMUNITIES. 19 18 1784 24 343333 -12040 2587427 3945996 117125179 115068032 2463200 2752180 2953837 2177718 125129643 123943926 35086728 37896276 0 0 52821811 49302513 0 0 1376175 38193022 36081331 126101561 123280120 -971918 663806 238701926 233922158 91693988 88885275 147007938 145036883 X CHAMPLAIN COLLEGE EDUCATES ADAPTABLE THINKERS, DARING CHANGE-MAKERS, AND INCLUSIVE INNOVATORS WHO SHAPE PROFESSIONS AND INSPIRE COMMUNITIES. false false 79657014 37875276 81668090 UNDERGRADUATE PROGRAM- THE COLLEGE HAS FIVE UNDERGRADUATE CAMPUS DIVISIONS, INCLUDING BUSINESS, COMMUNICATION & CREATIVE MEDIA, EDUCATION & HUMAN STUDIES, INFORMATION TECHNOLOGY & SCIENCES, AND CORE. WITHIN THE UNDERGRADUATE CAMPUS DIVISIONS, THE COLLEGE HAS TEN CENTERS OF EXPERIENCE INCLUDING THE CENTER FOR INNOVATION AND ENTREPRENEURSHIP, THE CENTER FOR FINANCIAL LITERACY, THE LEAHY CENTER, THE EMERGENT MEDIA CENTER, THE CENTER FOR PUBLISHING, THE CENTER FOR SERVICE AND SUSTAINABILITY, MAKERSPACE, THE CENTER FOR MEDIATION AND DIALOGUE, THE DAVID L. COOPERRIDER CENTER FOR APPRECIATIVE INQUIRY AND THE WOMEN'S AND GENDER CENTER. EACH CENTER CONNECTS CHAMPLAIN TO THE GREATER BURLINGTON COMMUNITY AND THE WORLD THROUGH ITS SPECIFIC SKILL SET AND EXPERTISE, TURNING THEORY INTO PRACTICE. THE CENTERS ENTRUST STUDENTS WITH RESPONSIBILITY, ENGAGE THEM IN AMBITIOUS GOALS AND EMPOWER THEM WITH LEADERSHIP QUALITIES, SUCH AS CREATIVITY, CONFIDENCE, INSIGHT AND INTEGRITY. THE COLLEGE CURRENTLY HAS ABOUT 1,800 TRADITIONAL UNDERGRADUATE STUDENTS ENROLLED IN EDUCATIONAL PROGRAMS WHICH LEAD TO ASSOCIATE AND BACHELOR DEGREES. 10922248 16323097 AUXILIARY ENTERPRISES- RESIDENTIAL LIFE AT CHAMPLAIN COLLEGE INCLUDES 20 TRADITIONAL RESIDENCE HALLS AND 9 APARTMENT STYLE HOUSING COMPLEXES, EACH WITH DISTINCTIVE ARCHITECTURAL FEATURES. EACH RESIDENCE HAS A COMMUNITY-ORIENTED ATMOSPHERE. THIS SETTING HELPS CREATE MUCH CLOSER AND LONGER-LASTING RELATIONSHIPS, SOMETHING THAT DIFFERENTIATES CHAMPLAIN. AT CHAMPLAIN, YOU'LL FIND VICTORIAN-ERA MANSIONS WITH CURVED STAIRCASES, CAREFULLY RESTORED WOODWORK AND EXPANSIVE WINDOWS LOOKING OUT OVER LAKE CHAMPLAIN AND THE ADIRONDACK MOUNTAINS. THE COLLEGE HAS ADDED 275 BEDS ON MAIN CAMPUS SINCE 2013 AND ADDED 314 BEDS IN AN ATTRACTIVE DOWNTOWN LOCATION. CHAMPLAIN BELIEVES THAT PROVIDING HOUSING ENABLES THE COLLEGE TO PROVIDE STUDENTS WITH A MORE WELL-ROUNDED EDUCATIONAL EXPERIENCE. THE COLLEGE OPERATES A CONFERENCE AND EVENT CENTER WHICH OFFERS A VENUE FOR SPECIAL EVENTS, MEETINGS AND CONFERENCES. ADDITIONALLY, THE COLLEGE'S BOOK STORE AND FOOD SERVICE IS OFFERED FOR THE STUDENTS (PRIMARILY FOR THE RESIDENTIAL CAMPUS COMMUNITY). AS A RESULT OF THE CORONOVIRUS DISEASE OF 2019 (COVID-19), THE COLLEGE DECIDED TO CLOSE THE RESIDENTIAL CAMPUS EFFECTIVE MARCH 18, 2020. DUE TO THIS CLOSURE, THE COLLEGE ISSUED REFUNDS AND CREDITS TO STUDENTS FOR ROOM AND BOARD CHARGES BASED ON A PRORATED AMOUNT. THESE REFUNDS FOR ROOM AND BOARD CHARGES RESULTED IN A REDUCTION OF RESIDENCE HALL AND BOARD FEE REVENUE FOR THE FISCAL YEAR ENDED JUNE 30, 2020. THE COLLEGE WAS ABLE TO CONTINUE TEACHING AT A SIMILAR CAPACITY THROUGH REMOTE OFFERINGS. 15054861 21000 17292245 GRADUATE AND CHAMPLAIN COLLEGE ONLINE (CCO)- THE MISSION OF CHAMPLAIN'S GRADUATE STUDIES IS TO PROVIDE CURRENT AND ASPIRING PROFESSIONALS WITH INNOVATIVE PROGRAMS THAT EMBRACE REFLECTIVE LEARNING, EXPAND PROFESSIONAL EXPERTISE, INSPIRE CREATIVE AND CRITICAL THINKING, AND INFUSE THE JOY OF LIFELONG LEARNING. STUDENTS CAN ENROLL IN ONE OF THE FOLLOWING GRADUATE PROGRAMS, OFFERING MASTER DEGREES IN BUSINESS ADMINISTRATION, DIGITAL FORENSIC SCIENCE, INFORMATION SECURITY OPERATIONS, HEALTHCARE MANAGEMENT, EXECUTIVE LEADERSHIP, HUMAN RELATIONS & ORGANIZATION DEVELOPMENT AND EARLY CHILDHOOD EDUCATION. CHAMPLAIN COLLEGE ONLINE (CCO) OFFERS ADULT ONLINE ASSOCIATE, BACHELOR'S, AND MASTERS DEGREE PROGRAMS IN FIELDS WITH HIGH EMPLOYMENT GROWTH. CCO PROGRAMS ARE TAILORED TO THE NEEDS OF AN ADULT STUDENT POPULATION; THEY TAKE INTO ACCOUNT THE VALUE OF PRIOR EDUCATION AND PROFESSIONAL EXPERIENCES. CCO ALSO HOUSES THE COLLEGE'S TRUED PROGRAM. TRUED IS A BOLD REIMAGING OF WORKFORCE DEVELOPMENT THAT CREATES OPPORTUNITIES FOR ADULTS TO FURTHER THEIR EDUCATION IN CHAMPLAIN COLLEGE'S AWARD-WINNING ONLINE ACADEMIC PROGRAMS AND BRINGS TALENT MANAGEMENT AND FORWARD-THINKING WORKFORCE DEVELOPMENT SOLUTIONS TO EMPLOYERS. THROUGH STRATEGIC ALLIANCES WITH LEADING ORGANIZATIONS IN GOVERNMENT AND INDUSTRY, CHAMPLAIN COLLEGE ONLINE DELIVERS AN AFFORDABLE, ACCESSIBLE AND IMMEDIATELY APPLICABLE HIGHER EDUCATION TO HELP EMPLOYEES GAIN THE SKILLS AND KNOWLEDGE NEEDED TO ENHANCE THEIR CAREERS AND ACHIEVE THEIR ORGANIZATION'S BUSINESS OBJECTIVES. 105634123 true true false false false false false false false true true false false false true true false true true true true false true false false false false false true true true false false false false false false false true false false true false false false false true true true false false true 181 0 true 1784 true true true true CA EI false false false false false false false false false false X 19 18 false false false false false false false true true false false true true true true true true true true false VT X SHELLEY NAVARI 8028602700 163 SOUTH WILLARD STREET BURLINGTON VT 05401 DONALD J LAACKMAN FORMER PRESIDENT 40.0 0.0 X 687892 0 43906 LAURIE QUINN INTERIM PRESIDENT 40.0 0.0 X X 314299 0 62817 LYNNE BALLARD ASSOCIATE PROVOST 40.0 0.0 X 264917 0 21863 MICHELLE MILLER SENIOR ASSOCIATE PROVOST 40.0 0.0 X 226274 0 29562 SHELLEY NAVARI TREASURER 40.0 0.0 X 202560 0 45163 LISA BUNDERS VICE PRESIDENT 40.0 0.0 X 204926 0 42777 JEFF BROWN VICE PRESIDENT 40.0 0.0 X 183420 0 36344 ANGELA BATISTA VICE PRESIDENT 40.0 0.0 X 184938 0 29260 JANET COTTRELL DIRECTOR OF THE LIBRARY 40.0 0.0 X 200642 0 13009 SCOTT BAKER DEAN 40.0 0.0 X 174766 0 37141 ANN DEMARLE PROFESSOR 40.0 0.0 X 188299 0 17142 ROBERT CALDWELL VICE PRESIDENT 40.0 0.0 X 166180 0 16422 JENNIFER ARCHAMBAULT VICE PRESIDENT 40.0 0.0 X 152991 0 17981 APRIL O'DELL ASSISTANT TREASURER 40.0 0.0 X 119745 0 42076 CATHERINE MORGAN ACTING PROVOST 40.0 0.0 X 108668 0 9886 CORINN MCCARTHY BERGERON TRUSTEE 1.0 0.0 X 0 0 0 DANIEL BOARDMAN TRUSTEE (ROTATED OFF) 1.0 0.0 X 0 0 0 TERENCE BREEN TRUSTEE (ROTATED OFF) 1.0 0.0 X 0 0 0 GEORGE BURRILL TRUSTEE (ROTATED OFF) 1.0 0.0 X 0 0 0 SCOTT CARPENTER TRUSTEE 1.0 0.0 X 0 0 0 STEPHANIE CLARKE TRUSTEE 2.0 0.0 X 0 0 0 RICK DAVIS TRUSTEE 1.0 0.0 X 0 0 0 MOLLY DILLON TRUSTEE 1.0 0.0 X 0 0 0 STEVE GIBBS TRUSTEE (ROTATED OFF) 1.0 0.0 X 0 0 0 JOHN ILLICK TRUSTEE 1.0 0.0 X 0 0 0 CHARLES KITTREDGE TRUSTEE 1.0 0.0 X 0 0 0 NEALE LUNDERVILLE TRUSTEE 2.0 0.0 X 0 0 0 ROBERT MARINO TRUSTEE 1.0 0.0 X 0 0 0 MARK NEAGLEY TRUSTEE (ROTATED OFF) 1.0 0.0 X 0 0 0 JUDY O'CONNELL TRUSTEE 1.0 0.0 X 0 0 0 COLIN OWYANG TRUSTEE 2.0 0.0 X 0 0 0 KENNETH PALM TRUSTEE 1.0 0.0 X 0 0 0 STACEY RAINEY TRUSTEE 1.0 0.0 X 0 0 0 BRAD ROBERTSON TRUSTEE 2.0 0.0 X 0 0 0 JULIE SNOW TRUSTEE 2.0 0.0 X 0 0 0 LINDA TARR-WHELAN TRUSTEE 2.0 0.0 X 0 0 0 SARAH TISCHLER TRUSTEE (ROTATED OFF) 1.0 0.0 X 0 0 0 JEREMY WALLA TRUSTEE 1.0 0.0 X 0 0 0 JON WETTSTEIN TRUSTEE 1.0 0.0 X 0 0 0 DAVID WINSLOW TRUSTEE (ROTATED OFF) 1.0 0.0 X 0 0 0 KERIN STACKPOLE SECRETARY OF THE CORPORATION 1.0 0.0 X 0 0 0 3380517 0 465349 75 true true false SODEXO 9859 Flower Bonnet Ave NW CONCORD NC 28027 FOOD SERVICE 4301433 CBMVT LLC PO Box 1327 WILLISTON VT 05495 CUSTODIAL 639356 UNBRIDLED CONNECT LLC 1115 GRANT STREET DENVER CO 80203 CONSULTANT 1162818 OHO INTERACTIVE 55 Davis Square Floor 3 SOMERVILLE ME 02144 ADVERTISING 562923 BLACKBOARD INC PO BOX 200154 PITTSBURG PA 152510154 ADVERTISING 888313 29 1985879 1960117 79051 3945996 TUITION & FEES 611710 98960335 98960335 DORMITORY AND DINING FEES 721310 16073404 16073404 BOOKSTORE RECEIPTS 451211 34293 34293 115068032 2041689 2041689 0 0 167830 0 0 0 167830 0 167830 167830 23801122 13000 23103631 0 697491 13000 710491 710491 0 0 0 0 0 0 0 0 0 0 CONFERENCE & EVENT CENTER 720000 343786 453 343333 PARKING FEES 480000 214947 214947 OTHER INCOME 900099 1451155 1451155 2009888 123943926 115283432 343333 4371165 0 37485678 37485678 410598 410598 0 2197197 660453 1285314 251430 0 35611047 30012250 4953822 644975 2621369 2222681 351742 46946 6265383 5150921 972744 141718 2607517 2069574 479438 58505 0 327819 327819 138500 138500 0 0 183619 183619 0 3263617 3178601 62506 22510 673897 402208 262919 8770 2121340 105516 2015724 100 0 4367645 4367645 574653 442986 110567 21100 0 0 3385502 3311943 58847 14712 0 6341307 4954433 1270201 116673 886109 361152 524957 CONTRACTUAL SERVICES 3098479 2709981 365191 23307 MEAL EXPENSES 2958623 2958623 RENOVATION & OTH PROJECTS 1063919 1063919 STUDENT ACTIVITIES/ACADEMIC SU 2051064 1943967 84248 22849 4645238 1820994 2821664 2580 123280120 105634123 16269822 1376175 0 0 19235837 24256266 1298521 1492024 3640529 711905 0 0 0 0 3706622 2682727 0 0 1836720 1721583 213207983 67886618 150908366 145321365 51985260 55471280 6090071 2265008 0 0 0 0 0 0 238701926 233922158 8258610 7673965 0 0 6872100 6617098 66990533 66900256 0 0 0 0 253082 198589 6843676 5559909 2475987 1935458 91693988 88885275 X 116408304 115221453 30599634 29815430 147007938 145036883 238701926 233922158 X 663806 -2493684 -141177 X false true X true true true X 2670185 4201366 3921046 2587427 3945996 17326020 0 0 2670185 4201366 3921046 2587427 3945996 17326020 961028 16364992 1515048 1556014 1902700 2454764 2209518 9638044 0 1205851 1330750 1502024 2154590 1666555 7859770 34823834 591044333 0.46994 0.45860 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 25009249 92686 -208695 445608 553154 23894478 24297680 147503 1385620 435819 385735 25009249 21130159 2223139 1607211 385039 277790 24297680 17414489 1945632 2423175 404302 248835 21130159 16244196 1778052 -13891 391884 201984 17414489 0.02220 0.70550 0.27230 false false 5125202 5125202 191902492 54912141 136990351 981622 688937 292685 13744613 11587306 2157307 1454054 698234 755820 145321365 0 U.S. GOVERNMENT GRANTS 1223924 LIAB. UNDER TRUST AND ANNUITY 711534 1935458 X 85550890 -2493684 -35531433 -38025117 123576007 183619 184300 367919 123943926 87563664 2363438 2363438 85200226 183619 37896275 38079894 123280120 PART V, LINE 4 THE CHAMPLAIN COLLEGE ENDOWMENT CONSISTS OF APPROXIMATELY 58 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES INCLUDING BOTH DONOR-RESTRICTED FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS. A MAJORITY OF THE FUNDS PROVIDE FINANCIAL AID FOR STUDENTS, ACADEMIC SUPPORT FOR PROGRAMS AND FACILITIES, AND STUDENT SERVICE PROGRAM SUPPORT. THE COLLEGE HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. BASED ON THE POLICIES ADOPTED, THE BOARD OF TRUSTEES MAY APPROVE AND DISTRIBUTE UP TO 5% OF THE VALUE OF THE FUNDS ANNUALLY. THE VALUE OF THE FUNDS IS THE AVERAGE YEAR END VALUE OF THE FUND FOR THE PREVIOUS THREE CALENDAR YEARS. PART X, LINE 2 FIN 48 (ASC740) THE COLLEGE IS A NOT-FOR-PROFIT CORPORATION AS DESCRIBED IN SECTION 501(c)(3) OF THE INTERNAL REVENUE CODE AND IS GENERALLY EXEMPT FROM INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(a) OF THE CODE. ASC 740, INCOME TAXES, PROVIDES GUIDANCE ON THE RECOGNITION, MEASUREMENT, AND CLASSIFICATION OF INCOME TAX UNCERTAINTIES, ALONG WITH ANY RELATED INTEREST OR PENALTIES. ASC 740 PERMITS AN ENTITY TO RECOGNIZE THE BENEFIT AND REQUIRES ACCRUAL OF AN UNCERTAIN TAX POSITIONS WHEN THE POSITION IS "MORE LIKELY THAN NOT" TO BE SUSTAINED IN THE EVENT OF AN EXAMINATION BY THE TAX AUTHORITIES. THE COLLEGE HAS NO EXAMINATION IN PROGRESS AND BELIEVES IT HAS TAKEN NO SIGNIFICANT UNCERTAIN TAX POSITIONS. PART XI, LINE 2D REVENUE AMOUNTS INCLUDED ON AUDITED FINANCIAL STATEMENTS BUT NOT ON FORM 990 CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS $(122,864) CHANGE IN ALLOWANCE FOR CONTRIBUTIONS RECEIVABLE $(18,313) FINANCIAL AID $(38,935,936) FOREIGN ENTITIES $ 3,545,680 TOTAL $(35,531,433) PART XI, LINE 4B REVENUE AMOUNTS INCLUDED ON FORM 990 BUT NOT ON AUDITED FINANCIAL STATEMENTS HIGHER EDUCATION ECONOMIC RELIEF FUNDS- STUDENT PORTION $ 184,300 PART XII, LINE 2D EXPENSE AMOUNTS INCLUDED ON AUDITED FINANCIAL STATEMENTS BUT NOT ON FORM 990 FOREIGN ENTITIES $ 2,363,438 PART XII, LINE 4B EXPENSE AMOUNTS INCLUDED ON FORM 990 BUT NOT ON AUDITED FINANCIAL STATEMENTS PRESENTED IN NET REVENUE ON THE FINANCIAL STATEMENTS FINANCIAL AID EXCLUDING FOREIGN ENTITIES $ 37,711,975 NOT INCLUDED IN THE FINANCIAL STATEMENTS HIGHER EDUCATION ECONOMIC RELIEF FUNDS- STUDENT PORTION $ 184,300 Total $ 37,896,275 true true true true true true true false false false false false false false false true false true PART I, LINE 3 CHAMPLAIN ENDEAVORS TO BE A DIVERSE, EQUITABLE, AND INCLUSIVE COMMUNITY AND INVITES APPLICATIONS FROM MEMBERS OF ANY GROUP THAT HAS HISTORICALLY BEEN UNDERREPRESENTED. THE COLLEGE ASSURES EQUAL EDUCATION AND EMPLOYMENT OPPORTUNITY AND PROHIBITS DISCRIMINATION ON THE BASIS OF RACE, COLOR, NATIONAL ORIGIN, GENDER, RELIGION, SEXUAL ORIENTATION, AGE, OR DISABILITY. THIS POLICY IS INCLUDED IN THE FACULTY HANDBOOK, COLLEGE CATALOGS, THE HUMAN RESOURCE WEBSITE, JOB POSTINGS, APPLICATION FORMS, AND ON THE COLLEGE'S WEBSITE. PART I, LINE 6A THE COLLEGE RECEIVES FEDERAL STUDENT AID FROM THE DEPARTMENT OF EDUCATION. true East Asia and the Pacific Program Services STUDY ABROAD 63426 East Asia and the Pacific Program Services FINANCIAL AID 93385 Sub-Saharan Africa Program Services FINANCIAL AID 184713 Central America and the Caribbean Program Services FINANCIAL AID 6500 South Asia Program Services FINANCIAL AID 32500 Middle East and North Africa Program Services FINANCIAL AID 12500 North America Program Services FINANCIAL AID 57000 Russia and the Newly Independent States Program Services FINANCIAL AID 19000 Europe (Including Iceland and Greenland) Program Services FINANCIAL AID 5000 474024 474024 FINANCIAL AID Central America and the Caribbean 1 6500 FINANCIAL AID East Asia and the Pacific 8 93385 FINANCIAL AID Middle East and North Africa 2 12500 FINANCIAL AID North America 2 57000 FINANCIAL AID Russia and the Newly Independent States 1 19000 FINANCIAL AID South Asia 2 32500 FINANCIAL AID Sub-Saharan Africa 4 184713 FINANCIAL AID Europe (Including Iceland and Greenland) 1 5000 true false true false false true PART I, LINE 2 MONITORING THE USE OF GRANT FUNDS OUTSIDE THE U.S. THE COLLEGE OFFERS FINANCIAL ASSISTANCE, IN THE FORM OF GRANTS AND SCHOLARSHIPS, TO INTERNATIONAL STUDENTS. IN ORDER TO QUALIFY FOR THE ASSISTANCE, A STUDENT MUST BE ENROLLED FULL-TIME, MUST HAVE ACHIEVED A SATISFACTORY GRADE POINT AVERAGE, AND MUST HAVE DEMONSTRATED FINANCIAL NEED. ALL GRANTS AND SCHOLARSHIPS TO STUDENTS ARE AWARDED BASED ON NEED AND CONFORM TO FEDERAL, STATE AND INSTITUTIONAL REGULATIONS. THE COLLEGE HAS PROCEDURES IN PLACE FOR MONITORING GRANTS TO ENSURE PROPER COMPLIANCE. true INSTITUTIONAL SCHOLARSHIPS - UNDERGRADUATE 1937 36554646 SEOG FINANCIAL AID 1006 308264 INSTITUTIONAL SCHOLARSHIPS - GRADUATE 3 21000 DOD INFORMATION ASSURANCE SCHOLARSHIP 6 417468 HIGHER EDUCATION EMERGENCY RELIEF FUND 413 184300 PART I, LINE 2 MONITORING THE USE OF GRANT FUNDS IN THE U.S. CHAMPLAIN OFFERS BOTH MERIT AID AND NEED-BASED AID. MERIT SCHOLARSHIPS ARE RENEWED ANNUALLY PROVIDED THE STUDENT IS ENROLLED FULL-TIME AND MEETS ALL ACADEMIC STANDARDS. NEED-BASED SCHOLARSHIPS ARE RENEWED ANNUALLY BASED ON FINANCIAL NEED; THE FREE APPLICATION FOR FEDERAL STUDENT AID(FAFSA) FORM MUST BE COMPLETED IN ORDER TO BE CONSIDERED FOR THESE AWARDS. THE FINANCIAL AID OFFICE MONITORS STUDENTS TO ENSURE CONTINUED ELIGIBILITY FOR THE TYPE OF AID THEY ARE RECEIVING. AT THE END OF EACH SEMESTER (FALL, SPRING, SUMMER), EVERY FINANCIAL AID RECIPIENT'S PROGRESS IS REVIEWED BY THE OFFICE OF FINANCIAL AID. STUDENTS ARE MEASURED USING BOTH QUALITATIVE AND QUANTITATIVE STANDARDS. THE PURPOSE OF THIS REVIEW IS TO MEASURE WHETHER A STUDENT IS MAKING SATISFACTORY ACADEMIC PROGRESS TOWARDS GRADUATION. THESE STANDARDS APPLY TO ALL TYPES OF FINANCIAL AID: FEDERAL, STATE AND INSTITUTIONAL AID. STUDENTS WHO FAIL TO MEET THE SATISFACTORY ACADEMIC PROGRESS REQUIREMENTS MAY BECOME INELIGIBLE TO RECEIVE FINANCIAL AID UNTIL THEY ARE IN COMPLIANCE WITH THESE REQUIREMENTS. PART III, LINE 5 THE COLLEGE WAS AWARDED $1,368,260 FROM THE HIGHER EDUCATION EMERGENCY RELIEF FUND (HEERF). FIFTY PERCENT (50%) OF THE FUNDS WERE USED FOR EMERGENCY FINANCIAL AID GRANTS TO STUDENTS UNDER THE 18004(A)(1) CORONAVIRUS AID, RELIEF, AND ECONOMIC SECURITY ACT (CARES ACT). IN FISCAL YEAR 2020, THE COLLEGE DISBURSED $184,300 OF THE TOTAL RECEIVED TO THE STUDENTS TO ASSIST THROUGH THE TRANSITION TO REMOTE LEARNING WITH THE REMAINING $499,830 TO BE UTILIZED IN FISCAL YEAR 2021. THE REMAINING FIFTY PERCENT OF THE FUNDS WAS USED BY THE INSTITUTION TO OFFSET THE COSTS RELATED TO THE CLOSURE OF CAMPUS IN THE SPRING. X X true true X X X X true false false false false false false true false DONALD J LAACKMAN FORMER PRESIDENT 223735 0 0 0 464157 0 18825 0 25081 0 731798 0 0 0 LAURIE QUINN INTERIM PRESIDENT 297022 0 15000 0 2277 0 28000 0 34817 0 377116 0 0 0 LYNNE BALLARD ASSOCIATE PROVOST 82108 0 0 0 182809 0 12940 0 8923 0 286780 0 0 0 MICHELLE MILLER SENIOR ASSOCIATE PROVOST 71965 0 0 0 154309 0 14254 0 15308 0 255836 0 0 0 SHELLEY NAVARI TREASURER 190688 0 10000 0 1872 0 20341 0 24822 0 247723 0 0 0 LISA BUNDERS VICE PRESIDENT 178759 0 10000 0 16167 0 19577 0 23200 0 247703 0 0 0 JEFF BROWN VICE PRESIDENT 171516 0 10000 0 1904 0 18608 0 17736 0 219764 0 0 0 ANGELA BATISTA VICE PRESIDENT 178012 0 5000 0 1926 0 18611 0 10649 0 214198 0 0 0 JANET COTTRELL DIRECTOR OF THE LIBRARY 70250 0 0 0 130392 0 7158 0 5851 0 213651 0 0 0 SCOTT BAKER DEAN 170967 0 0 0 3799 0 17957 0 19184 0 211907 0 0 0 ANN DEMARLE PROFESSOR 42769 0 0 0 145530 0 5843 0 11299 0 205441 0 0 0 ROBERT CALDWELL VICE PRESIDENT 164220 0 0 0 1960 0 16422 0 0 0 182602 0 0 0 JENNIFER ARCHAMBAULT VICE PRESIDENT 146210 0 5000 0 1781 0 15381 0 2600 0 170972 0 0 0 APRIL O'DELL ASSISTANT TREASURER 119163 0 0 0 582 0 13187 0 28889 0 161821 0 0 0 PART I, LINE 1 AS A CONDITION OF EMPLOYMENT, THE COLLEGE REQUIRES THAT THE PRESIDENT LIVE IN THE PRESIDENTIAL RESIDENCE LOCATED ON THE COLLEGE CAMPUS. THESE AMOUNTS ARE INCLUDED IN COLUMN (D) AS A NON-TAXABLE BENEFIT. ACCORDING TO THE COLLEGE'S WRITTEN CONTRACT WITH THE PRESIDENT, THE COLLEGE MAY REIMBURSE THE PRESIDENT FOR HEALTH/SOCIAL CLUB DUES, WHICH IS ALSO INCLUDED IN THE INDIVIDUAL'S W-2. THE COLLEGE MAY PROVIDE HOUSING ARRANGEMENTS TO NEW OFFICERS, DIRECTORS, AND KEY EMPLOYEES OF THE COLLEGE UPON HIRE ON A TEMPORARY BASIS. THE COLLEGE COMPLIES WITH IRC SECTION 119. PART I, LINE 3 COMPENSATION SEE SCHEDULE O PART I, LINE 4A PURSUANT TO HIS EMPLOYMENT AGREEMENT, DONALD J. LAACKMAN RECEIVED A ONE-TIME PAYMENT OF $460,000. THE COLLEGE OFFERED A VOLUNTARY RETIREMENT PROGRAM IN JUNE OF 2019. THE FOLLOWING INDIVIDUALS PARTICIPATED IN THIS PROGRAM AND RECEIVED ONE TIME PAYMENTS: LYNNE BALLARD $181,360 MICHELLE MILLER $153,000 ANN DEMARLE $144,924 JANET COTTRELL $128,327 PART I, LINE 7 NON-FIXED PAYMENTS THE BONUSES FOR ALL OFFICERS AND KEY EMPLOYEES ARE DETERMINED BY THE COMPENSATION COMMITTEE AND ARE DISCRETIONARY. A VEHBFA (SERIES 2016A) 237154467 924166JXO 2016-12-01 67836964 Refund Prior Bonds & Construction false false false A 0 0 68098866 0 0 0 617916 0 0 22186692 45294258 0 2018 true false true true A false false true true false 0.00000 0.01200 0.01200 false false false true A false true false false false false 0 false 0 false true A true PART I, LINE A, COLUMN F THE 2016A BOND ISSUE WAS FOR CONSTRUCTION OF A MIXED-USE FACILITY CONSISTING OF 105 DWELLING UNITS WITH AN AGGREGATE OF 314 BEDS FOR STUDENT HOUSING AS WELL AS GARAGE AND RETAIL STORE SPACE. THE BUILDING WAS PLACED IN SERVICE IN FISCAL YEAR 2019. THE 2016A BOND ISSUE ALSO REFUNDED THE FOLLOWING BONDS: 2009 SERIES - 06/09/2009 2010A SERIES - 12/13/2010 2010B SERIES - 12/13/2010 2011 SERIES - 12/09/2011 2013 SERIES - 05/29/2013 2014 SERIES - 07/30/2014 PART II, LINE 3 THE TOTAL AMOUNT OF PROCEEDS OF THE BOND ISSUE DOES NOT AGREE TO THE ISSUE PRICE LISTED IN PART I, COLUMN E DUE TO INTEREST EARNED OF $261,902 ON DEPOSIT WITH BOND TRUSTEE. PART III, LINE 3A THE COLLEGE ENTERS INTO JANITORIAL AND VENDING SERVICE CONTRACTS FOR ALL CAMPUS BUILDINGS INCLUDING RESIDENTIAL, ACADEMIC, AND ADMINISTRATIVE BUILDINGS. THESE SERVICES ARE DEEMED INCIDENTAL FOR PRIVATE BUSINESS USE CONSIDERATIONS. THE COLLEGE HAS ENGAGED LEGAL COUNSEL TO REVIEW THIRD PARTY FOOD MANAGEMENT SERVICE CONTRACTS TO ENSURE THEY MEET THE SAFE HARBOR REQUIREMENTS. AS A RESULT, THESE CONTRACTS DO NOT YIELD PRIVATE BUSINESS USE. THE COLLEGE ALSO ENTERS INTO A BOOKSTORE MANAGEMENT SERVICE CONTRACT WHICH MEETS THE SAFE HARBOR REQUIREMENTS AND THEREFORE DOES NOT RESULT IN PRIVATE BUSINESS USE. PART III, LINE 4 AND LINE 5 PRIVATE BUSINESS USE IS PRIMARILY GENERATED FROM THE COLLEGES UNRELATED BUSINESS ACTIVITIES DERIVED FROM THE EVENT CENTER. SUBSTANTIAL CONTRIBUTOR SUBSTANTIAL CONTRIBUTOR 3520091 FOOD SERVICE false X 10 79051 FAIR MARKET VALUE false true false PART I, COLUMN (B) NUMBER OF CONTRIBUTIONS AMOUNTS IN COLUMN (B) REPRESENT THE NUMBER OF CONTRIBUTIONS. FORM 990, PART I AND III, LINE 1 ORGANIZATION'S MISSION CHAMPLAIN COLLEGE EDUCATES ADAPTABLE THINKERS, DARING CHANGE-MAKERS, AND INCLUSIVE INNOVATORS WHO SHAPE PROFESSIONS AND INSPIRE COMMUNITIES. CHAMPLAIN'S AGILE AND ENTREPRENEURIAL APPROACH TO HIGHER EDUCATION UNIQUELY BLENDS TECHNOLOGY LEADERSHIP, MARKET SAVVY, INNOVATION AND FISCAL RESPONSIBILITY WITH A COMMITMENT TO LIBERAL LEARNING, COMMUNITY INVOLVMENT AND "THE HUMAN TOUCH." THIS DISTINCTIVE APPROACH PERMEATES THE DELIVERY OF RELEVANT, RIGOROUS STUDENT-CENTERED PROGRAMS IN BUSINESS, ARTS, APPLIED TECHNOLOGY, AND PUBLIC SERVICE. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW PROCESS THE ACCOUNTING STAFF AT THE COLLEGE IS RESPONSIBLE FOR GATHERING AND DRAFTING THE INFORMATION TO POPULATE THE FORM 990 IN CONJUNCTION WITH KPMG LLP, INDEPENDENT ACCOUNTANTS. ONCE THE DRAFT IS COMPLETED, IT IS REVIEWED BY THE ASSISTANT TREASURER AND TREASURER. THE COLLEGE ELECTRONICALLY DISTRIBUTES, VIA THE BOARD BOOK, A COMPLETE COPY OF ITS FORM 990 TO EACH MEMBER OF THE GOVERNING BODY FOR THEIR REVIEW, PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY THE COLLEGE HAS A STATEMENT OF POLICY REGARDING CONFLICT OF INTEREST FOR THE BOARD OF TRUSTEES, OFFICERS, AND KEY EMPLOYEES. ATTACHED TO THE CONFLICT OF INTEREST STATEMENT IS A SCHEDULE OF ALL TRUSTEE, OFFICER AND/OR KEY EMPLOYEES OF THE COLLEGE, AND INDIVIDUALS AND ENTITIES WHO HAVE OR HAVE HAD KEY BUSINESS RELATIONSHIPS WITH THE COLLEGE (E.G., INVESTMENT MANAGERS, LENDERS, OTHER FINANCIAL INSTITUTIONS, KEY VENDORS PROVIDING EITHER GOODS OR SERVICES TO THE COLLEGE). UPON JOINING THE BOARD OF TRUSTEES AND ANNUALLY THEREAFTER, EACH MEMBER OF THE BOARD MUST REVIEW THE SCHEDULE AND COMPLETE AND SIGN A CONFLICT OF INTEREST STATEMENT. THE CONFLICT OF INTEREST STATEMENTS ARE REVIEWED BY THE CHAIR OF THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES. IF ANY CONFLICT OF INTEREST EXISTS BY A VOTING MEMBER OF THE COMMITTEE OR BOARD OF TRUSTEES, THEY MUST RECUSE THEMSELVES OF MATTERS PERTAINING TO A CONFLICT. THE MINUTES OF SUCH MEETING SHALL REFLECT THAT A DISCLOSURE WAS MADE BY THE TRUSTEE NOT VOTING. FORM 990, PART VI, SECTION B, LINES 15A AND 15B COMPENSATION POLICY THE COMPENSATION COMMITTEE (THE COMMITTEE) WILL ANNUALLY REVIEW THE REASONABLENESS OF COMPENSATION LEVELS OF ALL OFFICERS ON A POSITION-BY-POSITION BASIS. THE COMMITTEE IS INDEPENDENT AND FREE FROM CONFLICT OF INTEREST. THE COMMITTEE REVIEWS THE NATURE AND SCOPE OF EACH POSITION AND ASSESSES THE BASIS FOR WHICH COMPENSATION IS TO BE PAID TO THE INDIVIDUAL. THE COMMITTEE DETERMINES COMPENSATION FOR ALL OFFICERS, EXCEPT THE PRESIDENT, UPON RECEIPT OF WRITTEN PERFORMANCE REVIEWS AND "VALID MARKET DATA". THE PRESIDENT REVIEWS EACH OFFICER'S PERFORMANCE FOR THE PRIOR YEAR AND SUBMITS A COMPENSATION RECOMMENDATION TO THE COMMITTEE BASED ON A COMBINATION OF "VALID MARKET DATAINDIVIDUAL PERFORMANCE. "VALID MARKET DATA" IS DETERMINED USING THE FOLLOWING METHOD: 1.1 DETERMINE THE LIST OF OVERLAP INSTITUTIONS - IDENTIFY OTHER PRIVATE COLLEGES THAT HAVE A HIGH NUMBER OF APPLICANT OVERLAPS WITH CHAMPLAIN. THIS DATA IS FROM THE NATIONAL STUDENT CLEARINGHOUSE, WHICH TRACKS THE COLLEGES TO WHICH STUDENTS APPLY AND ULTIMATELY CHOOSE TO ATTEND. 1.2 USING IRS TAX RETURN DATA (VIA GUIDESTAR), FIND THE MOST RECENT REPORT IDENTIFYING THE MOST HIGHLY COMPENSATED EMPLOYEES AT OVERLAP INSTITUTIONS. 1.3 ADJUST THE REPORTED SALARIES AND BENEFITS BY A PERCENTAGE TO MAKE THEM ROUGHLY COMPARABLE TO CURRENT SALARY DATA. THIS INFLATION FACTOR IS DERIVED FROM NATIONALLY REPORTED HIGHER EDUCATION AVERAGE PAY HIKES IN PAST YEARS. BOTH THE BASE YEAR COMPENSATION, AS WELL AS THE ADJUSTED SALARY, ARE REPORTED BACK TO THE COMMITTEE. 1.4 PROVIDE THE COMMITTEE WITH COMPARISONS OF CHAMPLAIN SALARY AND BENEFITS TO OVERLAP OTHER INSTITUTIONS ON A POSITION-BY-POSITION BASIS NARRATIVE INFORMATION WILL BE PROVIDED, IF SIMILARLY TITLED POSITIONS AT OTHER INSTITUTIONS ARE KNOWN TO DIFFER IN SCOPE OF RESPONSIBILITY. THE CHAIR AND VICE CHAIR OF THE BOARD OF TRUSTEES ANNUALLY CONDUCT A PERFORMANCE REVIEW OF THE PRESIDENT. THIS REVIEW, COMBINED WITH THE "VALID MARKET DATA" DESCRIBED ABOVE, IS DISCUSSED AND CONSIDERED BY THE COMMITTEE WHEN ARRIVING AT THE PRESIDENT'S ANNUAL COMPENSATION PACKAGE. THE DECISIONS OF THE COMMITTEE ARE CONTEMPORANEOUSLY DOCUMENTED IN THE MINUTES OF EACH MEETING. THE COMPENSATION PROCEDURES OF THE COLLEGE MEET THE REQUIREMENTS OF THE REBUTTABLE PRESUMPTION. FORM 990, PART VI, SECTION C, LINE 19 PUBLIC DISCLOSURE POLICY THE ORGANIZATION'S FINANCIAL STATEMENTS AND FORM 990 ARE AVAILABLE UPON REQUEST. THE FORM 990 IS ALSO POSTED ON WWW.GUIDESTAR.ORG. FORM 990, PART XI, LINE 9 OTHER CHANGES IN NET ASSETS Line 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS $(122,864) CHANGE IN CONTRIBUTION ALLOWANCE FOR DOUBTFUL ACCOUNTS $(18,313) TOTAL $(141,177) COLLEGE CHAMPLAIN DU VERMONT 525 SHERBROOK STREET EAST MONTREAL QUEBEC CA 999999999 EDUCATIONAL CA CHAMPLAIN true Green Mtn Higher Education Consortium 120 GRAHAM WAY SUITE 120 SHELBURNE VT 05482 901113280 See Part VII VT 501(c)(3) 9 N/A false CHAMPLAIN COLLEGE DUBLIN LIMITED 43 LOWER LEESON STREET DUBLIN IRELAND EI 999999999 EDUCATIONAL EI CHAMPLAIN C CORP -328470 61245 1.00000 true CHARITABLE REMAINDER TRUSTS (7) 999999999 CHARITABLE TR VT NA TRUST true false false false true false false false false false false false false false false false false false true false COLLEGE CHAMPLAIN DU VERMONT d 92313 FMV CHAMPLAIN COLLEGE DUBLIN LIMITED d 1437022 FMV COLLEGE CHAMPLAIN DU VERMONT r 438723 FMV CHAMPLAIN COLLEGE DUBLIN LIMITED r 1144500 FMV PART II, LINE 1 COLUMN (D) THE ORGANIZATION IS A NON-PROFIT ORGANIZATION DESCRIBED IN PARAGRAPH 149(1)(I) OF THE INCOME TAX ACT OF CANADA AND IS EXEMPT FROM TAX. PART II, LINE 2 COLUMN (B) Promoting the educational purpose and consolidating services